16525 NW 27th Ave Miami Gardens, FL 33054
8253 SF retail/warehouse/office space with high ceilings.
Property Features for 16525 NW 27th Ave
General Information
- Standard status
- Active
- Size
- 8,253 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing office Realty Hub (786) 703-1731
Listing date Jul 18, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic corner location with access from two streets (165th Street and 27th Ave).
- Large, open 8200 sq ft space suitable for retail, showroom, warehouse, or office.
- Ample parking in both front and rear of the store.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.9k | $25.80 |
| − Vacancy | −$46.0k | −$5.57 |
| EGI | $166.9k | $20.23 |
| − OpEx | −$41.7k | −$5.06 |
| NOI | $125.2k | $15.17 |
